Colangelo out as Raptors GM

Bryan Colangelo is still president of the Toronto Raptors, but he’s no longer the club’s general manager.

The Raptors announced Tuesday that while Colangelo’s contract as team president is being extended, a new general manager will be hired within the next 30 days.

The changes were announced by Tim Leiweke, who is the incoming CEO of team owner Maple Leaf Sports and Entertainment. Leiweke also said he is moving up his start date from July 1 to June 3.

Leiweke was hired last month after a successful period in charge of Anschutz Entertainment Group, owner of the NBA’s Los Angeles Lakers, the NHL’s Los Angeles Kings and the Los Angeles Galaxy of MLS.

Colangelo is a two-time NBA executive of the year but has struggled since joining Toronto in 2006. The Raptors were 10th in the Eastern Conference this year, finishing out of the playoffs for a franchise-worst fifth straight season.